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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Comment by besttobeon Sep 12, 2022 10:01am
132 Views
Post# 34956332

RE:RE:HME article-MOVE ON FROM PHE - rates?

RE:RE:HME article-MOVE ON FROM PHE - rates?And then back to reality.....

The current PHE is set to expire Oct. 15, but stakeholders believe it will be renewed for another 90-day term – until mid-January of 2023. 

One major area of concern post-PHE: the end of the 75-25 blended reimbursement rate for providers in non-rural areas. That will reset rates back to what they were set several years ago, says Ronda Buhrmester, senior director of payer relations and reimbursement for VGM & Associates. 

“That’s devasting – all costs are up, the cost of goods, payroll expenses,” she said. “I’m not sure providers are prepared to go back to those old rates.” 

Another concern: flexibility around telehealth. While rules around telehealth visits were loosened during the pandemic, for most HME providers, the rules are still very restrictive, says Buhrmester. 

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